I was reading an article in the newspaper about a local lawyer that went from working at a private law firm making $130,000 per year to working for Multnomah County (Portland, Oregon) making $50,000 per year as a district attorney. I don't remember why he took the job, but he's prosecuting cases that are significantly beneath his expertise.
It got me thinking (do I smell something burning?)
If educational costs associated with law school and medical school were lowered, would the respective industries be cheaper? Is the reason that a lawyer or doctor being so damned expensive simply because lawyers have huge law school loans to pay back and doctors have huge medical school loans to pay back? Do hospitals charge an arm and a leg (haha) for the use of facilities simply because the manufacturers who design and build the equipment charge too damn much to begin with?
Discuss.
It got me thinking (do I smell something burning?)
If educational costs associated with law school and medical school were lowered, would the respective industries be cheaper? Is the reason that a lawyer or doctor being so damned expensive simply because lawyers have huge law school loans to pay back and doctors have huge medical school loans to pay back? Do hospitals charge an arm and a leg (haha) for the use of facilities simply because the manufacturers who design and build the equipment charge too damn much to begin with?
Discuss.
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